Today, the external background for Russia”s stock market turned positive

beginning of the year

America and Europe
In the first week of January of the New World stock indices rose 2-2,5%, the indices of the Old World in the middle look a bit worse with the growth of 0,5%. The year began with "bull" note, but nothing significant happened - mostly stock players are focused on local corporate news.

raw materials, currency and so on
For New Year holiday period, oil prices went up for $ 80, ie quotes strong enough to overcome the resistance level, which was formed in October-November 2009. The main driver of growth - cold in Europe and rising demand from China. Gold prices climbed to $ 1150, but it is far below the local maximum ($ 1225). But industrial metals in London, judging by the stock exchange composite index LME, are at the level of values of the end of last year, although the break-up was, but development had not been received.

Statistics and Reporting
which appeared macroeconomic statistics may be called mixed: for example, data on unemployment and business activity index, was slightly better than the old values and expectations. The oil reserves of 30 December declined, but as of January 6 rose, Thus Their influence on the market rather neutral.

Bank of England left a key interest rate unchanged (0.5%). This week, the rates will the ECB (January 14), changes also are expected. It is unlikely that the ECB and the Bank of England will take effect before the Fed (the next session at rates 27 January), but the leadership of the Fed already has had time to prepare the public to the fact that rates may not be changed during the whole of 2010.

Forecast
For the stock market in 2008 was unlike anything that is really needed to survive; in 2009 was indeed the Year of the Ox, that"s you, and mystical coincidence with the Eastern calendar. What we expect from 2010 - hard to say, but obviously the year promises to be difficult, too many "what if?" accumulated. Concerning Russia, amid assurances that in 2009, our market has grown stronger than anyone in the world, and that the last time this happened in 1997, in the skin shivers run - often dizzy with success turns into a hangover, and the events that occur in the financial sector illustrate the fact that the crisis is one not teach anything useful. Projections of the leading analysts on the RTS index to the end of 2010 are in the range of 1650-2100 points, ie mean 15-45% growth potential.

background for Russia"s stock market turned positive: raw materials and global markets traded higher, ADR at foreign sites also added, so that the beginning of the year should be fairly optimistic. So far things work well, as we shall see further, the year has just begun.

On the dynamics of stock prices in the coming days may affect interest rate decisions od38f the European Central Bank
The main driver for the morning "gap" will increase in energy prices that will bring leaders in the oil and gas sector
Today, Russia"s market will open with "gepom" up within 2%
Positive trends prevailed in the foreign markets, while encouraging only the opening "short position"
The growth of world indices and oil prices will now contribute to the rise of Russian securities quotes
At today"s auctions RTS index may be close to 1500 points
The first trading session of the new year to Russia"s market will begin with a confident gap up
Good morning! Information Group Finam.ru and Investment Company "Finam" Welcome to your site and wish you good day!
In 2010, the government of Russia expects GDP growth of 3,1% and inflation at the level of 6,5-7,5%

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